Security review provider SafeBase announced it has raised $33 million in a Series B funding round led by Touring Capital with participation by strategic investor Zoom Ventures and with backing from existing investors including Y Combinator, Comcast Ventures, New Enterprise Associates and Cerca Partners.
SafeBase’s Trust Center platform powers centralized, automated security reviews.
Its most recent round of funding follows a period of rapid growth for SafeBase, which saw rapid revenue growth in 2023; the company was also selected as an RSA Conference Innovation Sandbox finalist and was named to Fortune’s Cyber60.
“Today’s approach to buyer security reviews is broken,” SafeBase CEO Al Yang said. “It’s time we say goodbye to security through obscurity and make it easier for buyers to understand a prospective vendor’s security and trust posture without having to jump through hoops.”
